Kenneth R. Lench, the chief of the structured and new products unit at the SECs division of enforcement, is leaving at the end of the month.
A 23-year veteran of the Enforcement Division, Lench headed the unit since it was established in 2010, in the aftermath of the financial crisis. The unit, which is composed of 45 staff members, is charged with investigating complex financial instruments like asset-backed and derivative securities.
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